- ProShares Ultra Technology ETF, listed under ROM, is the fund manager’s big tech ETF.
- It provides 2x leverage to a market cap weighted basket of US big tech stalwarts.
- Like the competing fund proposed by Direxion, it affords investors tradable entries and exits into tech focused assets.
- Due to its leveraged nature, it is not recommended as part of a long-term holding.
- Its composition is slightly different from TECL, so breaking down the ETF will supply better information on the ETF's risk profile.
For further details see:
ROM - A More Authentic Big Tech ETF Offering